Northern Kentucky Market Report
February 2026 — All Residential
In short: Winter in Northern Kentucky's housing market is a season of contrast — early signs of the spring market are beginning to emerge. The median sold price stands at $280,000, down 6.7% from the same period last year. With 2.0 months of inventory, sellers hold strong leverage in this market. A total of 338 homes closed in February, a decrease of 16.1% year-over-year, with sellers receiving an average of 98.1% of their asking price.
Median Sold Price
$280,000
Homes Sold
338
Months of Inventory
2.0
Avg Days on Market
42
Home Prices
Home prices have pulled back, with the median sold price at $280,000, down 6.7% year-over-year. Price corrections, while uncomfortable for current owners, create opportunities for first-time buyers and investors. The key metric to watch is months of inventory — if supply continues to grow, further price adjustments are possible. If inventory tightens, this correction may be short-lived.
Home Sales
338 homes sold in February, down 16.1% from a year ago. The reduced sales pace may reflect affordability constraints, limited inventory, or a pause in buyer urgency. Even in the quieter winter months, Northern Kentucky's market maintains a consistent level of activity, with motivated buyers and sellers closing deals.
Inventory & Supply
There are currently 1,044 homes available for sale in Northern Kentucky, a significant 12.7% increase from a year ago. The growing inventory is welcome news for buyers who have faced limited options in recent years. More choices mean more leverage in negotiations and less pressure to make rushed decisions. This translates to 2.0 months of supply based on current sales velocity. With supply this tight, sellers maintain strong pricing power. Homes that are properly priced and well-presented are attracting offers quickly.
Market Indicators
Sale-to-List Price
98.1%
Homes are selling very close to asking price, indicating healthy demand.
Demand Pressure
44%
Pending ÷ Active Listings
Exceptionally high demand — homes going under contract rapidly.
New Listings
546
Entered the market in February
More homes entered the market than sold — supply is growing.
Looking Ahead
February marks the first stirrings of the spring market. While snow may still be on the ground, behind the scenes, buyers are starting their searches and lenders are processing pre-approvals. Properties that come to market in the next 4-6 weeks will benefit from pent-up buyer demand before the flood of spring listings creates competition on the seller side.
Data provided by the Northern Kentucky Association of REALTORS® (NKAR) via the Spark Market Statistics API. All statistics reflect residential property types across the Northern Kentucky MLS service area. Information is deemed reliable but not guaranteed.
Last data refresh: February 20, 2026 at 6:23 PM ET